Ewein confirms MD under custody to facilitate probe

KUALA LUMPUR: Ewein Bhd has confirmed its group managing director (MD) Datuk Ewe Swee Kheng had been remanded by the Malaysian Anti-Corruption Commission (MACC) to facilitate the ongoing investigation involving the Undersea Tunnel Project in Penang.

The company in a statement said Ewe was being investigated under SPRM Act 2009 for matters relating to the Penang project.

On Tuesday, the MACC raided several state government offices in Komtar, Penang, which were involved in the proposed project.

Also raided were several companies with connections to the project.

MACC deputy chief commissioner (operations) Datuk Seri Azam Baki had said that the raids were conducted to assist investigation into the multi-billion ringgit project connecting Gurney Drive on Penang island and Bagan Ajam on the mainland.

It is learnt that also raided were several private companies which included Ewin-Zenith Sdn Bhd, 555 Capital Sdn Bhd and Consortium Zenith, here.

While noting the company nor its subsidiaries were involved in the Penang project, the matter will not have any operational, management or financial impact on the company as deputy MD Chuah Poh Lim will continue to run the company’s business as usual, said Ewein in a filing to the exchange yesterday.

Vertice Bhd’s 13.2 per cent associate company, Consortium Zenith Construction Sdn Bhd, will not be affected by the current MACC investigation, it said.

The 7.2km undersea tunnel is part of the RM6.3 billion project undertaken by Consortium Zenith. The project also included three paired roads.